Net worth

Net worth is a very simple subtraction: everything you own (your accounts, your investments, your house, the car, a few gold coins…) minus everything you owe (mortgages, loans, the outstanding balance on your card). The result is a snapshot of your real wealth right now, beyond whatever happens to be in your current account today.

Cuéntamo works that number out on its own. Accounts, investments and fixed income already feed into net worth automatically, because they are data you already keep in the app. But some things are worth money and don't live in any account: your home, the car, some jewellery, and —on the debt side— the mortgage or a personal loan. All of that you add by hand on the Net worth screen, in the "Manual assets and liabilities" section.

This screen is exactly that: the manager for your manual assets and liabilities. The net worth total, its breakdown and the evolution chart are shown on the Home screen; here is where you add and maintain the pieces Cuéntamo can't know about on its own.

Where each thing lives: Home vs. Net worth

It helps to be clear about the split, because net worth appears in two places with two different roles:

• On Home you see the result: net worth (with its Assets and Liabilities below), the Composition by type (cash and accounts, investments, fixed income, real estate, vehicles, mortgages…) that expands item by item, and the Evolution chart month by month. Everything is computed on the server from your accounts, investments and manual assets/liabilities, so it always matches the rest of the app down to the cent.
• On Net worth (this screen) you find the manual pieces: the list of your hand-added assets and liabilities, with their current value, and the button to create, edit or delete each one.

Put another way: on Home you check how much you have; on Net worth you register what Cuéntamo can't figure out by itself.

What to add here (and what not)

The rule is simple: this is only for what isn't managed elsewhere. Accounts, investments and fixed income already feed net worth on their own, so don't duplicate them here.

Manual assets come in five categories:

• Real estate: your home, a commercial unit, a parking space, a plot of land…
• Vehicles: the car, the motorbike, a van.
• External savings: money or savings you keep somewhere you don't track as an account in Cuéntamo (a pension plan, a fund at another institution…).
• Valuables: jewellery, watches, art, precious metals.
• Other assets: anything else worth money that doesn't fit above.

Liabilities (what you owe) come in three:

• Mortgage: the loan financing a property.
• Loans: a personal loan, the car loan, a consumer credit…
• Other debts: anything else you owe.

Cryptocurrency is not added here: it's handled inside the Investments module.

The assets and liabilities list

The screen shows your manual items in a list. Each row carries:

• The name you gave it and, below it, its category.
• The "Automatic calculation" mark if the value is worked out by a formula (we cover this below).
• The "linked to…" note if it's a mortgage tied to a property.
• The current value on the right. Liabilities are shown in red and with a minus sign in front, because they subtract.

On the right of each row you get the controls to edit and delete . On a property that doesn't yet have a linked mortgage, a "+ linked mortgage" shortcut also appears. If you haven't added anything yet, you'll see a prompt inviting you to start (home, car, mortgage…).

If you are a read-only member of the account book, you see the data but not the add, edit or delete buttons.

Adding or editing an item

Click "Add" at the top right (or "Edit" on an existing row) and a form opens in a window. The first things you decide are three:

• Type: whether it's an Asset (something you own) or a Liability (something you owe).
• Category: the category list changes with the type (the five asset ones or the three liability ones).
• Name: how you recognise it ("Flat in Valencia", "Car", "Flat mortgage"). It's required; the save button stays disabled until you type one.

From there the form adapts to the category: each kind of item asks for the fields it needs. At the end there's always the currency (your book's by default; you can set another one for a foreign asset, and net worth converts it to your base currency).

Manual value or automatic calculation

There are two ways to tell Cuéntamo how much an item is worth:

• Manual value: you type the amount and update it whenever you like. It works for any category.
• Automatic calculation: the engine works out today's value with a formula. It's only available for three categories: vehicles, mortgages and loans. In those categories a selector appears to choose between the two ways.

Every other category (real estate, external savings, valuables, other assets, other debts) always uses a manual value. Even so, you don't have to keep tweaking the number every week: you can record the value on several dates and Cuéntamo interpolates between them (see "Valuations over time").

Real estate

A property is valued manually. The fields:

• Current value: what you estimate it's worth today. This is the figure that adds to net worth.
• Purchase value and purchase date: what you paid and when. With those two, Cuéntamo draws the value's evolution from purchase to the moment you added it in a gradual way (instead of an abrupt step).
• Cadastral reference: optional, to keep it handy.
• Country, province and postal code: the property's location. It's stored with an eye on future automatic revaluation tools by area.

A property can carry its mortgage attached; see "Linking a mortgage to its property".

Vehicles

A vehicle supports both ways. In automatic calculation the engine applies a straight-line depreciation: the value drops little by little from what it cost down to a residual value, over the useful life you set. The fields:

• Purchase value: what you paid for it.
• Purchase date: when it starts depreciating.
• Useful life (years): over how many years it goes from purchase value to residual value.
• Residual value: what you estimate it'll be worth at the end (it never drops below this).

In manual value you set the current figure yourself. If you also give the purchase date and value, Cuéntamo treats it like real estate (gradual evolution from purchase) but, being a car, it keeps depreciating at the same rate with a floor at the residual value.

Mortgages and loans

A mortgage or a loan are liabilities: what you still owe. In automatic calculation, Cuéntamo works out the outstanding principal with a French amortization (constant instalment), so the debt in your net worth goes down on its own each month without you touching anything. The fields:

• Original amount: how much you were lent.
• Start date: when the loan began.
• Term (months): the total duration.
• Interest rate: fixed or variable.

If it's fixed, the annual rate (%) is enough. If it's variable, you give your spread (%) and how often it's reviewed (every 6 months or yearly): Cuéntamo simulates the debt month by month using the historical 12-month Euribor plus your spread, recomputing the instalment at each review. That way the outstanding balance truly reflects how your variable mortgage has evolved.

Prefer not to enter so many details? Choose manual value and type directly what you owe today (the field is called "Outstanding"), and keep it updated whenever you like.

Linking a mortgage to its property

A mortgage can be tied to the property it finances, so it's clear which debt goes with which property. There are two routes:

• From the property, with the "+ linked mortgage" shortcut on its row (only if it doesn't already have one): it opens the form for a new mortgage already linked to that property and with a suggested name.
• From the mortgage, choosing the Linked property in a dropdown in the form (or "Unlinked" to leave it loose).

In the list, a linked mortgage shows the "linked to…" note with the property's name.

Valuables and precious metals

Valuables (and other assets) are valued by hand; optionally you can store their purchase date and value so the evolution is gradual.

If the item contains a precious metal, Cuéntamo can work out its market value. Choose the metal (gold, silver, platinum or palladium), its purity (%) and the weight in grams, and press "Calculate market value": the value comes from multiplying grams × purity × the metal's quote at that moment, and is set as the item's current value. If no quote is available right then, it warns you and you can leave the value by hand.

Valuations over time

When you edit an item you've already saved, a Valuations block appears. It's the history of that item's value over time, and it's what makes the net worth evolution chart accurate.

• On manual value items you can add points (a date + a value): a house appraisal, the loan balance in a given month, etc. The engine interpolates between those points, so you don't need to note the value every week. You can also delete points.
• On automatic calculation items the series is generated by the engine and is read-only: it recomputes on its own when you update the item.

Composition, total and evolution

On Home, the net worth block brings it all together: accounts, investments, fixed income and your manual assets and liabilities. The Composition groups by type and each line expands to reveal the accounts or items that make it up.

One thing that trips people up: inactive accounts with a balance count too. If you archive an account that still holds money, that balance is still yours and adds to net worth. To make it stop counting entirely, empty it first.

The evolution history is rebuilt with one point per month-end for the last two years plus today, anchored to your accounts' real balances, so the line is consistent from start to finish (you won't see false spikes from stray snapshots). Net worth recomputes on its own whenever your data changes, and you also have a manual recalculate button in the Home block in case you want to force it.

Including or excluding manual assets and liabilities

In the Home block there's a toggle to include or exclude manual assets and liabilities from net worth. Turn it off to see only your "liquid" money (accounts and investments); turn it on for the full picture with house, car and debts. The preference is remembered on that device.

What needs Cuéntamo Más

The split is this: net worth and its composition on Home are for everyone, because they're your own data you already see in the app (accounts and investments).

What requires Cuéntamo Más is the net worth evolution history and all the management of manual assets and liabilities (creating, editing and deleting the house, the car, the mortgage…). This Net worth screen is therefore part of Cuéntamo Más.

How it fits with the rest

Net worth is the "high-altitude" view of your finances: where you stand today. It leans on your accounts and your investments, complements the balance forecast (which looks at the future of your liquid money) and gives context to your savings goals. Together they answer the three age-old questions: how much do I have, how much will I have, and how much am I worth.